Blog Post

Increased supply pushes prices lower on AuctionsPlus | Queensland Country Life

Sheep and lamb listings lifted significantly last week to 77,636 head. The return to a full trading week saw more normal market activity and resulted in clearance rates rising 11 percentage points to 56pc, while value over reserve also increased by $3 to $10. However, prices for most categories were lower, suggesting that vendors have adjusted reserves lower.

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